Who we are?
Magalir established as a private limited company NBFC in August 2015. Magalir Micro Capital Private Ltd registered with RBI as a non-deposit taking NBFC – MFI in August 2016, and commenced its business since Sep 10, 2016. We provide sound advice and adopt the finest practices keeping the welfare of our customers in mind. Magalir is the provision of financial services to low-income clients, including consumers and the self-employed, who traditionally lack access to banking and related services. It is a step towards greater security for women. Magalir empowers women economically and socially. Thus this kind of empowerment would correspond to the right to make one’s own choices, to increased autonomy and to control over economic resources. Total customer satisfaction and growth are our objectives. We promote sustainable development, responsibility towards the environment and upliftment of local communities in areas we operate.
To Promote Sustainable Livelihoods, for the Rural Women, Through Financial Services.
VISION
To be a leading MFI in this region, delivering effective financial services in a mutually beneficial relationship to all stakeholders.
MISSION
To achieve financial inclusion by empowering rural low income earners by providing sustainable financial services.
